Worldwide MEMS Systems Market Forecasted to Reach $72 Billion by 2011
U.S. Newswire, July, 2007
To: TECHNOLOGY EDITORS
Contact: Scott Smith of SEMI, 1-408-943-7957, ssmith@semi.org
SAN JOSE, Calif., July 16 /PRNewswire/ -- The market for micro- electromechanical systems (MEMS), which includes products such as automobile airbag systems, display systems and inkjet cartridges totaled $40 billion in 2006, and is expected to top $72 billion by 2011, according to Global MEMS/Microsystems Markets and Opportunities, a comprehensive new market research report from SEMI and Yole Developpement.
The MEMS devices at the heart of these systems totaled $5.9 billion in 2006, and are projected to grow to $10.8 billion by 2011, with a compound annual growth rate (CAGR) of 13 percent, fueled by increasing use in consumer electronics. MEMS devices are defined as die-level...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
